The Washington Post Quotes John Lovi on Lehman Report

The Washington Post quoted John Lovi in an article titled "Report Faults Executives with Manipulating Lehman Brothers' Balance Sheet." The article discusses a 2,200–page report on Lehman Brothers which was unsealed last week. The article included the following:

"John D. Lovi, a securities lawyer with Steptoe & Johnson, said he was preparing to notify his clients—a large Korean fund that has filed a claim before the judge overseeing Lehman's bankruptcy—of the report's findings. He said they would consider going after individuals at Lehman and Ernst & Young to recoup losses incurred when the bank collapsed. 'It changes our thinking,' he said."

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